# Checkout.com has closed a $450 million Series C round with Tiger Global Management leading the round.

*fintech · news · 2021-01-12 · TechCrunch*

## Key points

- Checkout.com raised a $450 million Series C at a $15 billion valuation led by Tiger Global.
- Checkout.com tripled its payment processing volume in 2020 compared to 2019.
- The company plans to hire 700 more employees in 2021, doubling its workforce from 2020.
- Checkout.com must hold local cash reserves in each country to meet regulatory licensing requirements.
- Two new U.S. offices in New York and Denver will open following this funding round.

**Countries:** United Kingdom, France, Brazil, Singapore, Hong Kong, India, Philippines, United States

[Read the full story on TechCrunch](https://techcrunch.com/2021/01/11/checkout-com-raises-450-million-and-reaches-15-billion-valuation/)

---

Canonical: https://newsio.io/n/57b94f4a-4a06-4317-b0b5-e83d9960b9ee/checkout-com-has-closed-a-450-million-series-c-round-with-tiger-global-managemen
Summarized by Newsio from TechCrunch. https://newsio.io/how-it-works